Regionally, Asia-Pacific had the most billionaires at 767 with a total net worth of $2.5 trillion. China has the highest number of newcomers this year at 44 as well as the most drop-offs at 102.

ADVERTISEMENT

Globally, the top three richest people are Amazon founder Jeff Bezos and family, Microsoft founder Bill Gates and legendary investor Warren Buffet, with a respective fortune of $131 billion, $96.5 billion and $82.5 billion as estimated by Forbes.

US President Donald Trump’s net worth was unchanged from a year ago at $3.1 billion, but he climbed in the ranks to No. 715 from No. 766 in 2018.

The youngest billionaire in the list is Kylie Jenner, at 21 years old. She made it to the 2019 Forbes Billionaires list for the first time with an estimated fortune of $1 billion. Cited as the youngest self-made billionaire of all time, Jenner owns 100 percent of Kylie Cosmetics, the three-year-old beauty business that did an estimated $360 million in sales last year.

The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from February 8, 2019. An estimated net worth of $1 billion per person is needed to make the cut. /atm

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.